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01/13/1992 Council Minutes
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01/13/1992 Council Minutes
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City Council
Council Document Type
Council Minutes
Meeting Date
01/13/1992
Council Meeting Type
Regular
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1 <br />Council member Neal introduced the <br />following resolution and moved its adoption: <br />CITY OF LINO LAKES <br />RESOLUTION NUMBER 92 -15 <br />RESOLUTION TRANSFERRING FUNDS FROM THE 1991 CONSTRUCTION FUND <br />TO GENERAL FUND FOR ADMINISTRATION AND AERIAL COST RECOVERY <br />WHEREAS, the following projects within the 1991 construction <br />fund will be charged a fee for administration per <br />resolution 84 -04, of which these proceeds will be <br />credited to the general fund: <br />PROJECT NAME <br />White Tail Ridge <br />Brandywood Estates <br />Pheasant Hills <br />Pine Ridge Addition <br />Reshanau Lk Trunk <br />Wenzel Farms <br />TOTAL COST ADMIN FEE <br />$ 50,600.00 $ 1,518.00 <br />790,015.00 15,800.00 <br />620,747.00 12,414.00 <br />630,326.00 12,606.00 <br />1,080,676.00 21,613.00 <br />973,800.00 19,476.00 <br />TOTAL ADMINISTRATION FEE <br />$ 63,951.00 <br />WHEREAS, the following projects within the 1991 construction <br />fund will be charged a fee for aerial cost recovery <br />per resolution 76 -87, of which these proceeds will <br />be credited to the general fund: <br />PROJECT NAME CONSTRUCTION COST AERIAL FEE <br />White Tail Ridge $ 37,800.00 378.00 <br />Brandywood Estates 609,600.00 $ 6,096.00 <br />Pheasant Hills 524,600.00 5,246.00 <br />Pine Ridge Addition 488,100.00 4,881.00 <br />Wenzel Farms 818,500.00 8,185.00 <br />TOTAL AERIAL PHOTO COST RECOVERY 24,786.00 <br />NOW THEREFORE BE IT RESOLVED, that the following transfers be <br />made retroactively to December 1991. <br />Passed the 13th day of January i <br />, 1992. <br />Vernon F. Reinert <br />Mar,ilyn!G. Anderson, Clerk- Treasurer <br />55 <br />
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